Snap Inc (NYSE:SNAP) shares are trading lower by 5.76% to $10.38 Wednesday morning amid overall market weakness. The stock may also be pulling back after recently gaining on U.S. regulatory pressure on TikTok.
Will TikTok Be Banned In The U.S.?
Members of the U.S. Congress are pushing for a ban on the video app and social media platform TikTok. The pressure comes as the app could be a security threat to the U.S.
Members of Congress grilled recently TikTok CEO Shou Chew during a recent hearing and many called for TikTok to be banned in the U.S….Read More
According to data from Benzinga Pro, SNAP has a 52-week high of $37.74 and a 52-week low of $7.33.
